Wall Street Got It Wrong About Plug Power. Here's Why.

The stock of hydrogen fuel developer Plug Power (NASDAQ: PLUG) has been a bumpy ride. But since the start of 2021, that ride has been consistently lower. Back then, the stock was valued as high as $70 per share. Today, the share price is below $3.Wall Street has been consistently wrong about where the stock price is headed next. In 2021, right before shares collapsed, nearly a dozen firms had a buy rating on the stock. Wall Street expectations have come down sharply since those highs, but the average price target remains at nearly $5 per share -- more than double the current share price. Could analysts finally be right? Is now the time to bet big on Plug Power? The answer might surprise you. (NYSE: GS)Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool